Hulkister, I have not heard the "Asaimugham" song from "Touring Talkies".
But there is a very popular Carnatic number "Asaimugham maRandu pOchhE" that is being performed in various sabha kutcheri's. I presume IR might have provided orchestration in his own inimitable manner for this one like he did for "alai pAyudhE kaNNA" in the late JayakAnthan film "ethanai kONam ethanai pArvai".
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